TRADING TIPS

A Question from Harry

Hubert Senters here. I had a question from. Let me read it off what it’s like here. A question from Harry. What is your favorite way to play implied volatility around earnings time and enjoy your daily emails? So I don’t play daily or implied volatility around earnings, Harry. So what I do is let’s say for example that Cintas just released earnings and it was bad because it got banned. What I do is I tend not to play that stuff. I tend to let a lot of other people play it and I come in and pick up the pieces. So here’s what I mean by this. So if it may not be a perfect example but hopefully you get the point. If I bet on the implied volatility of it going up or down and if I’m wrong I’ve got a 50/50 shot of doing that. In this situation, I kind of already know which direction it’s probably going to go a little bit higher than 50/50. So now what I can do is I can put a bracket trade on this thing and go okay, if it goes above today’s high or below today’s low then I will focus on that direction as opposed to just doing the implied volatility around earnings. What I found was when people do that stuff they’ll make some money but they’ll end up giving more away than they earn about doing that type of stuff so I try to avoid it. Same thing with like make calls and put stuff like that. Yeah, eight or nine out of 10 will work is that one that doesn’t work that wipes you out so I try to avoid stuff like that. So anyway that’s what I do. I’ve been asked to speak at the Wealth365 summit. I’m going to hyperlink you over here to the form is taking place on October 8th October 13th. It’s usually a weeklong event with a bunch of different speakers. Their theme for this is earnings and the election. And they’re going to focus on stocks. And I’m sorry they’re going to focus on trading and investing. I’m sorry. Not just stocks but trading and investing. It’s not going be any entrepreneurship, no crypto stuff, no real estate stuff, none of that stuff is going to be mainly just trading and investing. Good luck. Hope it helps. I will HYPERLINK you over here to this form so you can sign up. Hubert.

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